Overall Technical outlook

Price Summary

On 2026-04-09, Grasim Industries Limited's stock began at 2740.1, peaked at 2772.5, bottomed at 2723.0, and closed 0.01% up at 2740.5, with a volume of 788181 shares.
Throughout the 52-week period, the stock hit a high of 2958.7 and a low of 0.0.
Analysts predict that the future price will fluctuate between 3000.0 and 3865.0, with the mean expected price being approximately 3403.4167.

Technicals

Support and Resistance: At 2740.5, the price for GRASIM is supported at 2688.7 and resisted at 2775.8. This indicates a trading range where 2688.7 serves as a support level, potentially preventing further decline, while 2775.8 could limit upward movement.
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Support/Resistance for GRASIM


Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
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Aroon chart for Grasim Industries Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Bolinger Bands chart for Grasim Industries Limited


Parabolic SAR: The PSAR remains bullish, setting a critical support level that may help sustain the market's upward trend. This persistent bullish outlook suggests that the market is likely to continue climbing, with the support level offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Grasim Industries Limited


Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
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Stochastic chart for Grasim Industries Limited


Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages raise the possibility of a reversal for GRASIM. The weakening momentum in these shorter-term averages hints that the upward trend might be losing strength, suggesting that caution may be warranted.
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Tripple SMA chart for Grasim Industries Limited


To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.